How to Claim Surplus Funds from Foreclosure: Step-by-Step Process

Losing a home to foreclosure is stressful, but many former owners miss out on a potential silver lining: surplus funds from the auction sale. If the property sold for more than owed, that extra money could be yours. Here's a clear, general step-by-step guide to claiming it.

Step 1: Determine If Surplus Funds Exist

• Contact the trustee, court clerk, or entity that handled the foreclosure sale.

• Provide property details to check for overage after debts and costs are paid.

Step 2: Gather Required Documents

• Proof of ownership (deed, title records).

• Identification and any heirship proof if applicable.

• Foreclosure sale details (date, amount).

Step 3: File a Claim

• Submit a formal claim or motion to the appropriate authority (often the court or trustee).

• Include supporting documents and request disbursement.

Step 4: Address Any Disputes

• Junior lienholders may claim part of the funds—priority is based on recording order.

• Professional assistance can help resolve issues quickly.

Step 5: Receive Your Funds

• Once approved, funds are disbursed (timeline varies, often 30-120 days).

Acting promptly is key—deadlines exist, and unclaimed funds may eventually escheat.

Heritage Equity Recovery makes this process simple and risk-free. We handle research, filing, and coordination on contingency only—no upfront costs.

Think you might be owed funds? Get Your Free Eligibility Check Today

Published: January 1, 2026 Categories: Claim Process, Excess Proceeds Recovery